Tag: Tycoons

Dubai is showing symptoms of acute financial strain

Dubai, Asian realty‚Äôs Promised Land, is showing symptoms of acute financial strain, causing big property developers like Nakheel to lay off hundreds, tycoons like Donald Trump to delay multi-million dollar projects, and average property buyers to balk at regulations that fail to shield investors from global fluctuations. The oil-rich Gulf region, many had expected, would […]